Seven Healthcare Stocks to Watch Amid Sector Growth

The healthcare sector is gaining attention due to its potential for growth and influence from various factors such as medical innovation, regulatory changes, drug approvals, and demand for healthcare services. Seven healthcare stocks are identified by MarketBeat's stock screener tool as worth watching: Eli Lilly and Company (LLY), UnitedHealth Group (UNH), Johnson & Johnson (JNJ), AbbVie (ABBV), Stryker (SYK), Merck & Co., Inc. (MRK), and CVS Health (CVS). These companies have experienced high trading volumes in the last few days.

Eli Lilly and Company is a leading pharmaceutical company that develops and markets human pharmaceuticals worldwide, including diabetes treatments such as Jardiance and Mounjaro. UnitedHealth Group operates as a diversified healthcare company with four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx.

Johnson & Johnson is another major player in the healthcare sector, focusing on immunology, infectious diseases, neuroscience, oncology, cardiovascular and metabolism, and pulmonary hypertension. AbbVie discovers, develops, manufactures, and sells pharmaceuticals worldwide, including Humira for autoimmune diseases and Skyrizi for psoriasis and Crohn's disease.

Stryker operates as a medical technology company with two segments: MedSurg and Neurotechnology, and Orthopaedics and Spine. Merck & Co., Inc. is a healthcare company that provides health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products.

CVS Health provides health solutions in the United States with three segments: Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness. MarketBeat's stock screener tool identifies these companies as having high trading volumes in the last few days.